Cevdet Caner’s family ramped up their stake in embattled German landlord Adler Group SA after short sellers questioning the entrepreneur’s role in the company triggered a steep price drop last year.
Gerda Caner, the wife of the Austrian investor, disclosed a 7.44% stake in Adler Group on Friday, reinforcing “her belief and long time commitment” to the “continuation of the successful development of the company,” a family spokesperson said in an emailed statement to Bloomberg News on Tuesday. Family members including Gerda also hold stakes in Mezzanine IX, an investment vehicle which owns 4.78% of Adler, according to Bloomberg ...
